
Morphlabs, Inc.
OpenStack based Cloud Infrastructure Services - Morphlabs.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
$750k | Seed | ||
Total Funding | 000k |
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | - | (11 %) | - |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Morphlabs, Inc. was positioned as a provider of comprehensive cloud solutions, catering to both service providers and enterprise clients with its mCloud product suite. The company was established in 2007 by co-founders Winston Damarillo and Yoram Heller, with its headquarters in Manhattan Beach, California, and significant operational presence in the Philippines, Japan, and Singapore.
The company's core business revolved around providing OpenStack-based solutions for creating and managing public and private clouds. This was delivered through a combination of optimized hardware and open-source software, designed to lower IT costs and accelerate market entry for their clients. Morphlabs targeted enterprises and cloud service providers, offering them a modular and scalable architecture to build out their cloud infrastructure without the reliance on traditional, more expensive blade/SAN systems. Revenue was generated through the sale of these converged infrastructure solutions and potentially through pay-per-use packages.
The flagship product was the mCloud platform, which came in several variations. The mCloud Data Center Unit (DCU) was a hardware appliance that converted commodity hardware into a cloud environment. In 2012, the company launched the mCloud Helix, a compact, all-SSD private cloud infrastructure built on Dell PowerEdge C servers, which aimed to set a new standard for energy efficiency. For public cloud deployments, Morphlabs offered mCloud On-Demand, a management platform that utilized Amazon EC2 to simplify the deployment and management of applications, featuring a graphical drag-and-drop interface and self-healing capabilities.
Founder Winston Damarillo, who served as CEO, was a serial entrepreneur with a history of successful ventures, including Gluecode Software, which was acquired by IBM in 2005. Yoram Heller served as the company's COO. Under their leadership, Morphlabs secured a total of $20.5 million in funding over several rounds, including a Series C round of $5 million in 2011 and a Series D round of $10 million in 2013, with investors like Tallwood Venture Capital and Frontera Capital.
Keywords: OpenStack solutions, private cloud infrastructure, converged infrastructure, mCloud platform, cloud service providers, enterprise cloud, cloud management platform, dynamic infrastructure, Winston Damarillo, Yoram Heller, Tallwood Venture Capital, data center solutions, hyperscale computing, IT infrastructure, cloud appliance, public cloud management, Amazon EC2 integration, mCloud Helix, modular architecture, open-source cloud